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GOP Sen. sees holes in health insurance exchange

March 6, 2013

MARSHALL — Minnesota’s own landmark health exchange is in the works in St. Paul, having cleared one hurdle Monday night in the House....

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hartman75

Mar-06-13 1:01 PM

Mr. Dahms is a little off on his estimate of the profit margins insurance companies currently earn. According to Bloomberg, "...(insurance) companies saw their average operating profit margins expand to 8.24 percent in the six quarters since the overhaul became law, compared with 6.88 percent for the 18 months before it was passed." "The companies studied are WellPoint; UnitedHealth Group Inc. of Minnetonka, Minnesota; Aetna Inc. of Hartford, Connecticut; Humana Inc. in Louisville, Kentucky; and Philadelphia-based Cigna Corp." Of course profit margins will vary based on employee compensation, CEO and administrative salaries and overhead costs.

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